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BUSINESS

Wealth of Thailand's 50 richest on Forbes list rises to $173bn

Business, Online Reporters, Published on 06/07/2023

» The Chearavanont Brothers of the Charoen Pokphand (CP) Group have retained the top spot on the 2023 Forbes list of Thailand’s 50 richest, with the combined wealth of all tycoons rising by almost 15% to US$173 billion.

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BUSINESS

CP Group denies supporting slash-and-burn farming

Online Reporters, Published on 30/04/2023

» The Charoen Pokphand Group, Thailand's largest conglomerate, on Sunday issued a statement, saying it has never had a policy of supporting slash-and-burn agriculture, be it in the country or abroad.

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BUSINESS

Khunying Wanna of ThaiBev dies

Online Reporters, Published on 17/03/2023

» Khunying Wanna Sirivadhanabhakdi, wife of billionaire Charoen Sirivadhanabhakdi of Thai Beverage (ThaiBev) Public Company Limited, maker of Chang Beer, died peacefully in the early hours of Friday. She was 80.

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BUSINESS

Former TOT chief gets 20 years for 2008 deal

Online Reporters, Published on 16/03/2023

» Former TOT president Varut Suvakorn has been sentenced to 20 years in prison and ordered to pay about one billion baht to the state agency for an unauthorised deal with Samart I-Mobile in 2008.

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BUSINESS

Minister vows to plug Elite Card loopholes

Online Reporters, Published on 31/01/2023

» Tourism and Sports Minister Phiphat Ratchakitprakarn has vowed to plug loopholes in Thailand Elite Card to prevent Chinese nationals involved in grey businesses from using the privilege cards to enter the country.

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BUSINESS

Carabao diversifying into beer

Online Reporters, Published on 25/01/2023

» SET-listed Carabao Group (CBG), the maker of Carabao Dang energy drinks, is preparing to invest 4 billion baht to produce beer locally to be marketed in the fourth quarter of this year, according to its chairman.

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BUSINESS

Workpoint TV channel hacked, renamed Tesla

Online Reporters, Published on 26/12/2022

» The Workpoint Official channel on YouTube run by SET-listed Workpoint Entertainment was hacked and renamed Tesla, with video of Tesla CEO Elon Musk, on Monday morning.

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BUSINESS

Sarath again richest shareholder, worth over B200bn

Online Reporters, Published on 08/12/2022

» Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in the Thai capital market for the fourth consecutive year, with shares worth 219 billion baht.

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BUSINESS

Embattled MORE ordered to explain inconsistent information

Online Reporters, Published on 28/11/2022

» The Securities and Exchange Commission has ordered More Return Plc (MORE) to clarify inconsistencies in information provided by its board on issues including the rising cost of a concert it is organising.

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BUSINESS

Asia Wealth Securities suspended from all business

Online Reporters, Published on 22/11/2022

» The Securities and Exchange Commission on Tuesday ordered Asia Wealth Securities to cease all its operations after its net capital fell below zero for more than 5 business days.